."Thank you for your email and I appreciate your kind words. It is great to have you as a shareholder.I am pleased to confirm that the allegations directed at Sud have absolutely no relation to Incannex or our assets. We identified several shortcomings with Sud over a while ago and we decided to part ways with him, I am glad we decided to do this due to the recent allegations and other business dealings that have now become public. I am also pleased to share that Sud does not own any IHL shares personally, and CVL by Monday will no longer be shareholders. want to reassure you, that there is no impact, crossover, or relation to IHL in any dealing that Sud has had with any of his other business interests.Thank you again for your email and I hope this helps clarify the current situation.Regards
DOING MY OWN RESEARCH and using the above email from Joel posted online.
The most recent( before selloff)top 20 showed Sud 75 CVL 32
Total of 107M shares. Nearly all SOLD.
FROM JOELS EMAIL exerp
Sud does not own any IHL shares personally, and CVL by Monday will no longer be shareholders.
By Monday! ...... It would be my GUESS there's maybe 3-6 left, as was selling @7m a day based on volume last week.
So if CVL gone Monday good enough reason to say that's the last of the big dampers gone.
That's a good thing to share with us during this period of uncertainty around selling.
Now I can focus on the delicious Noodles my wife has made Yum Yum
IHL Price at posting:
6.8¢ Sentiment: Buy Disclosure: Held
